Panama - Household final consumption expenditure, PPP (constant 2011 international $)

The latest value for Household final consumption expenditure, PPP (constant 2011 international $) in Panama was 44,576,100,000 as of 2016. Over the past 26 years, the value for this indicator has fluctuated between 44,576,100,000 in 2016 and 12,383,840,000 in 1990.

Definition: Household final consumption expenditure (formerly private consumption) is the market value of all goods and services, including durable products (such as cars, washing machines, and home computers), purchased by households. It excludes purchases of dwellings but includes imputed rent for owner-occupied dwellings. It also includes payments and fees to governments to obtain permits and licenses. Here, household consumption expenditure includes the expenditures of nonprofit institutions serving households, even when reported separately by the country. Data are converted to constant 2011 international dollars using purchasing power parity rates.

Source: World Bank, International Comparison Program database.

See also:

Year Value
1990 12,383,840,000
1991 14,623,600,000
1992 15,764,450,000
1993 16,432,990,000
1994 16,006,250,000
1995 15,181,170,000
1996 15,400,550,000
1997 16,710,260,000
1998 19,805,550,000
1999 19,894,460,000
2000 19,868,220,000
2001 20,491,730,000
2002 21,912,170,000
2003 23,825,830,000
2004 24,856,650,000
2005 27,041,370,000
2006 28,365,180,000
2007 28,468,770,000
2008 30,541,780,000
2009 31,555,560,000
2010 33,618,830,000
2011 34,691,760,000
2012 36,392,680,000
2013 37,925,920,000
2014 39,653,520,000
2015 43,089,760,000
2016 44,576,100,000

Aggregation method: Gap-filled total

Base Period: 2011

Periodicity: Annual

Classification

Topic: Economic Policy & Debt Indicators

Sub-Topic: Purchasing power parity